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Article snippet: WASHINGTON — President Trump had promised that his mix of tax cuts, deregulation and reductions in wasteful spending would spur economic growth and cure America’s ailing fiscal health. On Thursday, an independent government analysis of those proposals effectively said, “Not so much.” The federal budget. The budget projected that by 2027, the economy would achieve a small budget surplus. But according to the budget office, the deficit would remain at $720 billion, or 2.6 percent of gross domestic product. The assessment comes after the Trump administration was criticized in May for releasing a budget that economists said relied on overly rosy growth estimates. It was also panned for using questionable math and offering minimal detail about the president’s tax plan, a central component in Mr. Trump’s plans for improving the economy. One of the biggest reasons the Trump budget fell short is that the budget office did not agree that its proposals would generate as much economic growth as the White House has suggested. It said that the average gross domestic product growth over 10 years is currently 1.8, and that under Mr. Trump’s plan it would be 1.9 percent — far lower than the 3 percent the administration assumes. The lack of specifics in Mr. Trump’s plans was also a problem for the Congressional Budget Office. It said that in many cases where Mr. Trump’s policy initiatives lacked details, its analysts had to use place-holder figures. The $4.1 trillion budget for 2... Link to the full article to read more